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FOX Business
Jan 17, 2013 8:00pm EST
, why the heck are republicans on defense on spending issues? what happened to their backbone? more to the point, what happened to their soul? tonight, meet the folks who have been brought in to perform a exorcism on the right. they are michelle field, and alan west, you know their faces, get ready for them to get in liberal's faces, by waking up some very young voters, they are launching a web show, called, next generation. and if you are young, hot and bothered, they want to get you jazzed, angry and involved, welcome you to both. alan west, unleash now. from congressional jobs and duties, what do you want to do here? >> neil, i think post -- most important thing, being father of two teenage daughters, take my insights on the issues and perspective, and take those issues to next generation, and let know how important it is to stand up for their future, not just young people but grandparents and parents. so we can make sure we're not first generation, that leaves less for our subsequent generations. neil: young people, voted, 7 out of 10 for barack obama, you have an uphill fight ahea
FOX Business
Jan 16, 2013 11:00pm EST
want to reign in defense or control the growth of defense, too, i don't care what the purpose is, but if you're going to mention kids, remind us that they are our future. right now, to your point, charlie, they will be stuck paying some very, very big bills, but, again, it's one thing to convince people ofyour age, charlie, of that, and another to get the message across to just innocent little kids, but that is going to be a paramount issue because as steve pointed out, it's going to address kids still unborn, that the rate we're going, how do you tell people, charlie, that for generations yet to come, none of this is sustainable, the rate we're going. >> well, i think it's important to frame the argument in terms of morality. the president mentioned morality, that it's the moral thing to do to get gun control. is it moral to spend children's morn before they had a chance to vote. is it moral to spend social security trust fund if the money does not exist? frame a moral pretext rather than a mathematic one. young people might be able to relate to that. they want the humane thing to ha
FOX Business
Jan 17, 2013 4:00pm EST
short-term problems. we have a aerospace and defense analyst at credit suisse. i'm hoping they're short term. you must really believe they're short term? >> i do. i think it is a short term issue. question whether we'll fly again in a few days or longer that on that. we're talking about batteris. assuming it is not part of the electrical system, and it is just the batteries i suspect boeing can fix this, identify the fix in a few weeks, perhaps a couple months and start to implement it, perhaps even be flying again before that fully happens. david:. robert, don't they have to come out with a big public relations push? there is nothing that will turn people off of a flight as quickly as any suggestion that flight might go down. i mean how do they combat the public perception this is a dangerous aircraft? >> i think that is the a very tear point. i've -- fair point. i've flown on the aircraft. we've seen situations like this in the past with many new entry aircraft. go back through boeing's history, airbus, perhaps a year or so ago, the a380, for example had issues. david: will they
FOX Business
Jan 21, 2013 11:00pm EST
proliferate. ♪ protect your mouth, with fixodent. the adhesive helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. >> we need a new government or a new century. a government that is smaller and lives within its means and does more with less. >> the commitments that we make to each other ith medicare and medicaid and social security, these things do not stifle our initiative. they strengthen us. [applause] they do not make us a nation of takers, they for yes. neil: a contrast of two democratic presidents. one with the vision for a streamlined government and the other with just a completely unshackled government. thank you for joining us, michael dukakis. i'm wondering about this approach of two democratic presidents, the government and its role. bill clinton when he was reelected, embracing the smaller size and streamlining it. and this president embracing this year out of control sites. we had a balanced budget and back to back surplus in what, 50 years? 4.5% unemployment. and i don't think he did it by shrinking the gov
FOX Business
Jan 20, 2013 2:30am EST
. want your kids to be nfc, afc, offensive lineman, defensive tackles, quarterbacks and cornerbacks are all living united. to ensure the academic success of millions of kids in our communities. all the way to graduation day. but that won't happen without you. so take the pledge at unitedway.org. make a difference in the life of a child. suit up like your favorite nfl players, and become a volunteer reader, tutor or mentor with united way. >> what do i need to know for next week. >> so many pay for college . why
FOX Business
Jan 21, 2013 11:00am EST
the debate of our time. not only with the votes we cast, but the voices we lived in defense of our most ancient now use and ids. let us each now embrace with solemn duty and joy. with common effort and common purpose, with passion and dedication, let us answer the call of history and carry into an uncertain future that precious light of freedom. thank you. god bless you. may he ever bless the united states of america. [cheering and applause] neil: a little less than 15 minutes in length. the second inaugural address. in case you thought this would be a speech without a few zingers, think again. the president made it very clear today that the battle is on on the spending and budget issues, but entitlement, well, you can only go so far. the commitments we make to each other through medicare, medicaid and social security, these things do not stop our initiatives, they strengthen us. they free us to take the risks that make this country great. he goes on to talk about climate change and storms and what he will try to do to counteract them. some may still deny the overwhelming judgment
FOX Business
Jan 17, 2013 9:20am EST
lowest level since january of 2008. outgoing secretary of defense leon panetta waded into the gun control debate in a question and answer session yesterday. team made no bones about his support for president obama's proposal and noted he helped with president clinton in 1994's ban on assault weapons and says he supports that ban as well as a strict rule on armor piercing bullets. in a hostage situation still ongoing at d.c.'s oil spill in nigeria details are sketchy but it is being reported algerian airstrikes kill 34 hostages in 14 of their al qaeda captives. the algerian army attempting to take control. be right back. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have ki
FOX Business
Jan 22, 2013 9:20am EST
, perhaps too elaborate to prosecute maybe? our favorite criminal defense attorney will join us on that scam. remember, we want to hear from you, get your e-mail please varney@foxbusiness.com, we read them all, some on the air. seven early movers, here we go in tuesday morning. lower profits on dupont, better than expected the stock is up a little. caterpillar discovered accounting misconduct at a chinese subsidiary. down a little bit. one of canada's largest pension funds said it will buy the container company c-cube, and c-cube is up. no surprises there. johnson & johnson takes a charge for recalled hips, but profits beat forecast nonetheless and the stock's pretty flat. superstorm sandy hits travelers and profits, profit were better than expected and it's up 3 bucks. a forecast microsoft executive says that steve ballmer is not the right leader for the company microsoft at $27 a share this morning. verizon posts a 1.9 billion dollar loss and verizon posts on pension costs and sandy, why it's down, but the dow industrials dead flat. 3 points lower this hour. you might have guessed the
FOX Business
Jan 20, 2013 10:00pm EST
terrorists jailed in the u.s., but that was quickly shot down by the defense secretary. all this could have a major consequence of the price of oil. want to bring in a senior market analyst for the price futures group and the fox business contributor and a resident scholar at the american enterprise institute and former pentagon official. all-star which you. tell me, what's going on in the oil market today as a result of what is going on? >> the prices have been pretty stable on oil, but we saw huge jump up in the u.k. natural-gas market. as we know, algeria is a major supplier of natural gas to europe. because of those concerns with some big spike in the market yesterday. and that think the larger concern, one of the things we have to realize is that in this world of terror, every time we fill up at the gas tank return all light bulb, we're already paying the terror premium that is built into the price. the biggest concern for energy traders in the energy markets is that this type of attack that happened in algeria happens in other places. >> we have seen it in the past. miching alger
FOX Business
Jan 16, 2013 9:00pm EST
allowed to be kept in ople's homes for self-defense. we all know that there are an overwhelming number of handgun security more than 10 rounds at a time. so to say that people don't have the right to have those guns in their homes for self-defense in my opinion could be a constitutional violation of the second amendment. >> is interesting. we brought him in because we thought that what you wrote in "the wall street journal", getting rid of guns in the district of columbia. and this was a very tough measure to try to reduce violence. what happened? >> unfortunately, gun violence actually increased. it was counterintuitive and tragic and unfortunate. but what we saw is that it embolden criminals because they realize that people could not defend themselves. all that gun bans have done is increase violent crimes and endangers civil liberties and i has created an undue burden upon law enforcement could start them from controlling and violent crimes in progress. they just don't work. >> the sullivan law basically requires that you have concealed weapons but you have to permit for that
FOX Business
Jan 22, 2013 9:00pm EST
spending is up the same as cutting and republicans say curbing defense spending from the unnatural high is not the same as levying americans high and dry do the people's business. look at the spreadsheet. both parties stop spreading it. do what you know, is right because you know the direction is wrong. you lose your job, but you will save your soul. politicians, come on. you know, you have a soul. look at me. i see a good person trying to do something right. make me proud. show some guts. tomorrow, rand paul with ideas for both parties. gerri: -- "the willis report" hello, everybody. i'm gerri willis. tonight, hold onto your wallets. ceos from around the globe telling us how to spend our hard-earned cash for climate change. a look at the billions of waste will dollars and how much it's costing you. end of breakdown a new report showing how many trips to the moon you can take in the amount of time it a stake in the senate to pass a budget. also, one of the highly recommended retirement investments falling short. we will "cover your assets" as we look up for you and your money. "the willis
FOX Business
Jan 22, 2013 5:00pm EST
details as well as how to protect yourself is defense attorney arthur eye dalla. thanks for tackling this one today. what freaks me out about the scam, you know when you get the phone bill there are 6 how things. 1.99 for this, 4.99 for this and they all look fake. >> winds up like 234. melissa: they all look bogus to me. this was another one 14.95 at the end of the bill, right. >> they had all these companies. they use a different one on each bill, like american e-voice or global voice mail or hear for you, or whatever. they had 120,000 humans who they were giving these voice mail accounts to, charging $14.95 and of the 119,000 people, 12 customers actually used the e-mail. melissa: wow. >> the voice mail. i apologize. so, what is --. melissa: there was some legit service in there somewhere. >> that would be the defense at trial. look, we provided service. interest was their fault for not using the service but it was service you probably didn't ask for, you didn't sign up for. they use a complicated system of, what i would call layering to, from one company to another company, to ge
FOX Business
Jan 14, 2013 8:00pm EST
areas the ex septions. judicial watch, sued defense department, they said, we don't have photographs, wait, the navy seals took the photographs, you don't have them, we don't have them, did you ever have them? we won't say, so a sued cia, cia said we have 52 photographs, some of stills some are videos some of the actual invasion and killing itself. some are of the autopsy, some are the funeral. all of them if released would gravely affect national security, and a judge accepted this. the reason we're talking about it now, not so much because of the movie is doing well but because the appeal of this decision was argued last week. neil: it is akin to tearing up a koran? >> that is the argument that government made, they were so adamant about if they did not want to judge to see the photos in the privacy of his chambers so he could make a informed decision, the judge went along with that, rejecting the application of judicial watch, based on what the government told him. neil: has he seen them. >> no but he did receive affidavits from people in the cia who claim they saw them, and descr
FOX Business
Jan 22, 2013 7:00pm EST
u.s. defense officials that the fast team of marines out of spain were asked by state department officials to change out of their marine uniforms before heading into libya to help. this required them to deplane and delayed them by about 90 minutes according to pentagon officials. then there's the decision by success tear of state clinton and state department undersecretary of management, patrick kennedy, in the operations center that night, not to send a fest or foreign emergency support team, which the state department's own website describes as the government's only interagency on call short notice team poised to respond to terrorist incidents. as a result, the fbi could not enter the complex for 24 days at which point most evidence was gone. >> secretary clinton will be asked in particular why more securitifuls not provided after the june 6th bombing attack, and why ambassador stevens left part of the security team behind in tripoli, why the secrecy? lou? lou: jennifer, thank you. jennifer griffin, fox news national cor responsibility. exit polls show benjamin netanyahu winnin
FOX Business
Jan 21, 2013 5:00pm EST
defense. they will not be on the receiving end of a parade like this for many alexis to, unless they get their act together. melissa: is there one thing republicans to put on the table that would turn the tide of the conversation? cut military spending, something that can make them look fresh and new? >> all laugh to say, they're responsible and the other side is not to read at think that message, like 60 percent said government spending is out of control. but the question is how you go about it. you can't do it in a butcher block fashion that would allow people to get hurt. the political screening will be so intense. you saw what happened with paul ryan, the head of the house budget committee republican from wisconsin when heated. he got hammered for cutting cuts in terms of medicare in the seniors, even those who are involved with tea party. wait a second. not me. go after the government workers, somebody else, but not me. it has to be done in a way that allows the american people to see republicans and democrats in it together. that would give it the republicans moral high gr
FOX Business
Jan 15, 2013 11:00pm EST
proliferate. ♪ protect your mouth, with fixodent. the adhesive helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. ♪ [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. neil: so, bill clinton gets cinemax for free on us. just part of the slew of goodies that former presidents are putting on our tab. not the only ones, and he's not the only tab. jimmy carter did satellite tv at taxpayer expense. but the dish network scale package was does not include cinemax. i bet you, knowing jimmy, he does watch eat as p.m. but let's just say with or without cinemax former presidents are pushing these pennies to the max. friesen -- free subscriptions, and ample budget for staff and office operations, even if they don't. let's just say bill clinton is not the only ex-president taking advantage of the nearly $4 mill
FOX Business
Jan 16, 2013 9:20am EST
way and no one is talking about a plan to lower rates, cut defense and limit deductions. stuart: nobody, the solution. at 11 eastern time a group of democrats are going to talk about no more debt ceiling, get rid of it. outrageous. >> ridiculous. stuart: i think we're in agreement. >> we are, aggressive agreement. stuart: doug schoen, thank you very much. >> thank you, stuart. stuart: i've got the seven early movers for you. profits climb 23% as expected at bank of new york melon. the stock is up-- or down about a buck. the hand bag maker, vera brad lee raised its outlook, the women's clothing retailer, christopher and banks, expects higher sales and they're up. interactive brokers took in less than expected and they are down, the name of the company. printed circuit manufacturers, anticipating better than expected results and it's up. wendy's reports higher profits, there's a stocky know. gives an upbeat outlook, wendy's 12 cents higher. 2%. chipotle as we told you earlier, profits disappoint, it's down big. it was down 9% earlier and now it's down 7. $23 lower for chipotle and
FOX Business
Jan 15, 2013 9:20am EST
that judgment, so as to curtail weapons for self-defense by saying you can use them because they are not usable for sport, that would be the use of an executive order because he would tell the justice keep arming the treasury department not to let these things coming and the effect of it would interfere with self-defense. stuart: i am bored with it. i don't care about 1968. judge napolitano: the same authority president obama has. stuart: tell me your judgment, if the president uses an executive order to command, demand background checks universally is that are unconstitutional. judge napolitano: he does not have the authority to do that. because that is an interference with the free trade in interstate commerce. stuart: it is a requirement before you buy a gun. stuart: you may consider a minor interference but it is an interference because it costs money. italy come from congress because the constitution gives to the congress the authority to regulate interstate commerce, not the president. stuart: by executive order can he say no more magazine clips that contain 10 or more bullets?
FOX Business
Jan 22, 2013 11:00pm EST
your mouth, with fixodent. the adhesive helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. ♪ [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. neil: you know, i don't know if phil mickelson knows nicola, but i know a golfer and politician are teed up. the gripe? taxes so crazy that they are itching to just get out of town. period. in sarcozy's case, the homeland of france, and mickelson's case, california. phil dialing back a bit, and there could be tax dodges as could change his particular beef a lot, but they both represent a scene that is being played out again and again and again. angry rich guys now saying enough. it's one thing to pay their fair share and quite another to pay through the nose. do they have a point? is it countries pushing higher taxes on the rich assuming they'll get m
FOX Business
Jan 21, 2013 3:00pm EST
climate change, immigration reform, gun control. the president coming out and giving a strong defense of government saying that, quote, preserving our individual freedoms ultimately requires collective action. take a listen. >> the american people can no more meet the demands of today's world by acting alone than the american soldiers could have met the forces of fascism and communism with militias. or build the roads and networks and research labs that will bring new jobs and businesses to our shores. now, more than ever we must do these things together as one nation and one people. peter: the president also did however discuss revamping the tax code, reducing healthcare spending, trying to reduce deficits, but acknowledging the realities of divided government, said, quote, today's victories will only be partial. cheryl? cheryl: peter barnes of course standing by at the white house, big day in d.c., cold day as well. peter thank you. well, while most of the markets are closed today, money is still moving. now is your chance to make money on currencies. joining me now for a fox business
FOX Business
Jan 21, 2013 6:00pm EST
found to be no threat to others. joining me now, the attorney for the girl's family. defense attorney. i'll start with you. tell us more about the facts of the case. >> it happened in a bus line. there was no bubble gum. she was referring to a hello kitty bubble gum which just sheets bubbles. bubbles don't hurt you. even the school psychologist appointed by the school came to the conclusion that said she has no harmful or predatory intent to. the comments made to her friends about the bubble gum. does not have those risk factors identified for violent behavior. why won't they strike this from her record? why won't they a sponge is? gerri: i want to bring in sharon . about a month ago. are these school officials responding, over responding to what happened? >> you can say there are over responding, but they have gone completely off the chart. you can respond responsibly, but these people lobbying complete the funds. this is a 5-year-old kid, five years old. does not have the requisite to do anything of that nature. yet they labeled her as a terrorist threat. hello. a terrorist threat?
FOX Business
Jan 22, 2013 6:00pm EST
just wastes money every single day. in the department of defense maybe they have personal a sign systems, one for officers, another one for enlisted personnel in the third to reservists. that would seem to make no sense. consolidate, save money for taxpayers are putting up knew bill. it just makes no sense. gerri: are not only right, but i give you one that shouldn't urea even more. i went on active duty as an enlisted man in 1970 and left active duty as an officer in 1980. i had two sets of records, sometimes three at all times. my active duty records, the reserve in st. louis had another set the burned, and the veterans administration maintain another set. particularly when you're talking about returning veterans who have injuries, having multiple medical records that are not computerized is also a terrible, and we have been working on it since i left active duty in 1980. clearly if we keep throwing money we will get there. gerri: what are we going to do jack because this -- i mean, this is ridiculous. cobalt, are you kidding me? >> our draft legislation to know we are reaching
FOX Business
Jan 20, 2013 8:30am EST
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FOX Business
Jan 18, 2013 3:00pm EST
were doing stuff aggressively strategically but playing a lot of defense in fixing cleaning up, moving on rebuilding and i just feel like this is a pivot point. and honestly the fourth quarter was good. it wasn't perfect, though. there's a lot still to go, but this is a pivot point where now we focus on running the business. >> so much of your business, speaking about smith barney, you are going to assume all of their brokers, right? something like 18,000 brokers the biggest brokerage firm in america. so much of your business has to do with the small investor. yet we know the small investor is not really in this market. they're out of it in a major way. how can you predict consistent earnings or this is a pivot point when you know the small investor isn't in it? >> that's a good question. the interesting thing is even with the small investor on the side lines the business is showing remarkable resilience. so with 0 interest rates, very little new equity being issued, and very little investor confidence, the market is showing great resilience. but again, our investors, we have small inv
FOX Business
Jan 21, 2013 10:00pm EST
else under the law. >> he offered a bigger defense of entitlement programs. >> we must make the hard choices to reduce the cost of health care and the size of our deficit, but we reject the belief america has to choose between caring for the generation that built this country and investing in the generation that will build its future. >> like every president since fdr, mr. obama started it with a prayer service at st. johns church before departing the white house for one of the longest motorcades known to man for the ride to the capitol. ♪ oh beautiful >> a star-studded affair where else will paul ryan mingle with beyonce who belted out the national anthem. when the ceremony was over, there was a sed di stream of pomp and circumstance waiting. >> secretary of state, -- >> from signing papers to lunch with congressional leaders, and then, of course, the parade. the first family could make their way back to the white house in that grand bullet proof review stand. all of that could wait because before leaving the west front. capitol, the president decided to go off self-incriminate an
FOX Business
Jan 16, 2013 10:00pm EST
the number of americans. defense secretary leon panetta said earlier today that calling the situation in terrorist attack is appropriate. the militants, the terrorists, claiming they attacked and revenge because algeria allowed western jets to use their airspace to attack islamist fighters in neighboring mali. joining us now, pulitzer prize-winning journalist, fox is contributor judith miller, terrorism analyst. thank you both for being here. this grouping of hostages and terrorists right now are surrounded by the algerian military. we don't know what the situation is. we have had scant reports, and that is probably an overstatement as to the degree. what is, in your judgment moi the federal governor response. >> right now they have to depend eventually of special forces who are around the side at the moment the algerians are asking us to set back. everyone is sweating this see what happens. i think what this shows is how dangerous this region remains an hello war on terror must continue. lou: your point. >> well, who are these aggressors. the leader of this faction is an ally of al q
FOX Business
Jan 17, 2013 1:00pm EST
call 1-866-751-3261. >> 23 minutes past the hour. this is your fox news minute. defense secretary saying only soldiers need armor piercing bullets or assault weapons. in response to u.s. soldiers question at a military base in italy. he responded who needs armor piercing bullets except you guys in battle? president clinton's chief of staff in the u.s. ban on assault weapons in the 1990s, that ban expired in 2004. some good housing news for you, former u.s. homes, fewer u.s. homes foreclosed in 2012 according to realistic track. that was down from 804,000 in 2011. 17% reduction year-to-year. lance armstrong already lost all of his tour de france titles while now the international olympics committee is stripping the cyclist of his two bronze medal because of his admission to doping. that is the headlines of your fox news minute. back to melissa and lori. melissa: thank you. less than a month to go until the debt limit, the house republicans are devising their game plan for the fiscal fight. ahead, rich edson is live from the g.o.p. retreat in williamsburg, virginia, with the latest.
FOX Business
Jan 23, 2013 9:20am EST
not going to do anything to tackle long-term entitlement spending and i think defense cuts as well, in the speech i think most of the things he raised were general issues the average american supports the only way he kind of got outside of that was gay rights, but i support gay rights. stuart: fair enough. we're a financial program, that's very true. and kirsten powers, we will spar again another day. >> have a good day. stuart: back to nicole, mcdonald's barely makes a profit thanks to the value menu. i choose from the value menu. nicole: we're not surprised to hear it. they did see profit on the rise, but again, not a great quarter for them and you could see up just 1/10 of a percent, not a good move. stuart: a parfait and a senior coffee to go, a buck 50, not bad. and they're going to test a tofu burrito at some locations at chipotle. >> some people think that's yummy, i'm for the old school burrito, for the people who are vegetarians, vegans, maybe they'll love it and help chipotle to contain costs because meat costs have been cutting into the revenue and i won't yuck your yum for
FOX Business
Jan 22, 2013 4:00pm EST
that was more a defense of government in the president's speech, overarching theme of his governing philosophy and one has not been about cutting any type of enlightment spending when it comes to medicare, medicaid and social security and cutting benefits those receive. lauren: i am president, hear me roar. rich edson, working in washington, d.c. you have to invest in tylenol right? an advil. you're coughing this stuff every day. david: no, these guys love it. you don't understand these guys are nerds. they watch this stuff. they open a beer and sit in front of the tv and love this stuff like it was a football game, right, rich? >> yeah. it is a city. there is something wrong with all of us here. david: i still love washington. we love you. thank you, rich. >> thanks, guys. lauren: if you ever sent out a beat you're about to become a part of american history. more details after the break when we go "off the desk.". ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up
FOX Business
Jan 21, 2013 4:00pm EST
lowers the body's own ability to build up defenses to the disease. is there any truth to that >> i don't believe that is the case because in principle when you give protein to the body, the body will see that as we need to defend ourselves and we need to make antibodies. it might only be true if after many many years continued vaccination that you will have somewhat lower ability to respond it, but what we have shown in studies specifically in the older individuals is that they're still better off to take the vaccine because it will boost and help their immune system. >> so many people older people are nervous about that. they really are. protein sciences is working on flu-blok. also working on a couple other drugs and maybe considering going public? >> we certainly hope to go public at some point in time, in the near future. we are very pleased that this product finally got approved because we call it a plug and play technology. you can use the same technology to make other product. david: no time frame on when you might go public, though? >> no, some of our corporate investors really r
FOX Business
Jan 21, 2013 9:20am EST
. >> billions. and this is money that could be used to shore up defenses against the next hurricane that may come in and destroy parts of the new york city and may put in seawalls and pay for it that way, that would be a brilliant idea. there's job creation and natural gas that would help us reduce our dependency on oil from areas like algeria, just this weekend an american killed. stuart: and there are massive oil reserves you could get at via fracking. >> and in california, the gas regulator, it's been going on for many years, and-- >> you've done your homework. >> i quote 11 environmental regulators and a study where they talked to 15 states and not one, not one example of ground water contamination due to fracking and this is a much better case than expected i thought i'd find two, three, four examples. zero, absolutely none. stuart: will you keep us informed on this? i'm dying to see what new york does on this one. >> so do i. stuart: thank you. >> sure. stuart: if the hostage situation in algeria tells us one thing, we need to be more energy independent. we've got that. and next hour,
FOX Business
Jan 21, 2013 8:00pm EST
defense budget, which i think is wildly out of control. it is a kind of old war budget for a very different era. and i hope that the president and the administration and republicans as well as democrats will take a good look at that. neil: did he miss an opportunity to do so? i know all about broad visions any spell out some of the details, but this was an opportunity to say that i see the magnitude of our debt. i see the magnitude of our problems. i am not oblivious to this. i want us all to join hands and look at ways to mutually get this down to size without dividing our social classes. i don't know if that opportunity was seized on appropriately enough today. >> well, i think it was a different kind of speech. but this is a president who has cut spending. he wants to cut more. i wish i could see that desire on a partisan basis, especially when it comes to the defense budget. i think leaving that alone is just absurd. neil: you have to say, governor, that he has curtailed the growth of what it would have been otherwise. but it is still ballooning debt. the fact of the matter is
FOX Business
Jan 21, 2013 1:00pm EST
. >> reporter: well, it was a defense of the political theory, awaited the u.s. should be governed and should govern itself. i would almost characterize it as something along the lines of a response to what we heard from president reagan in 1981 when he said government is not the solution to our problems, it is the problem. president obama making the case that the government is not necessarily our problem. together we could do great things. together we could take care of the elderly. together we can create a health care system for those who may not be able to afford it. very much discussing ways about how there should be some in society you don't have all or should not be some in society you have all at the expense of all others. he made and not to climate change, something that he had not necessarily highlighted or focused on in his first demonstration. moving forward in tackling debt and deficits, he did talk about tax reform. talk about slowing the growth of these expenses, but still no change in his governing philosophy, if not impassioned defense of his governing philosophy. we ha
FOX Business
Jan 15, 2013 12:00am EST
respond to that. that. speak what defensive the cost of gone down. the last three years the flattening of cost for the first time in a generation and we know there are substantial innovations and incentives built in to obamacare that hopefully over time will work and continue to flatten the cost curve. that is the intent of obamacare. it is not fair to criticize it. melissa: the ceo said the countries largest health insurance, country's third largest health insurer, he broke it when he said we would see some insurance premiums go up by 100%. it is not in his interest to say this out loud. are you startled by this path? >> not at all. national health care costs have slowed their growth. when you cover as many people as we are going tocome everybody who has insurance buys a third more than they did before. we will see cost go up. if you do the actuary math, you have to charge people lot of money who made this go. that will be a big sticker shock. and those premium increases stick? we will see, but they will raise rates. melissa: i'm so sorry we're out of time, hope we can do t
FOX Business
Jan 22, 2013 8:00pm EST
anything more than 600 billion from defense can be done. they know you have to curtail growth to get a handle on government. democrats know slowing the growth of medicare is not throwing gramm off the cliff republicans know cutting the defense budget cutting the afghanistan and iraq war is not trying taxpayers to the taliban. they know this but will not say it.
FOX Business
Jan 23, 2013 11:00am EST
. dagen: playing some defense. the jpmorgan ceo lashing back at critics. more regulation is needed. connell: testifying on the benghazi attack and why moore could not have been done to save americans who died in libya. we will talk about that. dagen: stocks now and every 15 minutes. nicole: we are seeing the dow and the s&p hitting five-year highs. we are in quite an environment. nowhere near that 6500 mark where we were for the dow. we have seen a lot of names on the dow doing well today. microsoft, united, disney. we have had earnings season. we are all waiting on the debt ceiling and, obviously, that is something that looms over. google is up 6% now. as we await each one, it certainly can be a market moving event. after the bell, we will have apple and netflix. dagen: ridge edson is standing by on capitol hill with much more. rich: nothing is really set in stone. this bill would extend the debt ceiling until may 19. it requires the house and senate to pass a budget. if they pass a budget resolution, they do not get their pay with help. they are not paid until the end of this con
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